Page 27 - ESPC Magazine Dec 2020
P. 27

AREA FOCUS

 Granton Harbour                                                           Balerno

















 THE BEST AREAS IN EDINBURGH FOR
 BUY-TO-LET PROPERTIES

 Using the latest rental data from Citylets and house price information from ESPC, we’ve
 identified the best areas for buy-to-let properties in Edinburgh based on rental yields.
                                                                 Newhaven and Granton
        EH16 – LIBERTON AND THE
 EH5 – GRANTON   respectively. Three bedroom properties in   SURROUNDING AREAS
 Granton has grown in popularity with   this area had an average yield of 4.3%.  Covering the village of Liberton, and the
 students and young professionals in recent   nearby areas of Craigmillar, Peffermill and
 years, thanks to the presence of Edinburgh   EH11 – DALRY AND GORGIE TO SIGHTHILL  Niddrie, EH16 is a good place to purchase
 College and proximity to the trendy areas of   Running through Dalry, Gorgie, Stenhouse   a buy-to-let in Edinburgh. There have been
 Leith and Newhaven. Plus, excellent bus and   and Sighthill, the EH11 area is popular for both   many new build developments in this district
 cycle routes make accessing other parts of   young professionals and students. There are   which have proved popular with tenants, but
 the city a breeze.  excellent bus services available to transport   house prices remain competitive.  Slateford
 residents to all areas of the city, including
 From July to September 2020, the average   Heriot Watt University.   Between July and September 2020, the
 rental yield of a one bedroom property in EH5   average rental yield for one bedroom
 was 6.1% while two bedroom properties in   In EH11, from July to September 2020, one   properties in EH16 was 7.4% while it was 5.7%
 this area had a yield of 4.7%.  bedroom properties achieved a 5.0% yield,   for two bedroom properties and 5.4% for
 two bedroom properties achieved a 5.3%   three bedroom properties.
 EH14 –SLATEFORD TO JUNIPER GREEN,   yield and three bedroom properties achieved
 CURRIE AND BALERNO  a 5.6% yield.  EH17 – GILMERTON AND MOREDUN TO
 Juniper Green, Currie and Balerno are nestled   MORTONHALL
 under the Pentland Hills, making the EH14   Easy access to the City Bypass makes living   If you’re thinking of entering the buy-to-let
 district a popular base for those who enjoy   in the EH17 area of the city an attractive   market, contact ESPC Lettings on landlord@
 spending time outdoors. There are also   prospect for those who need to commute to   espc.com or 0131 253 2847 for advice on the
 excellent schools in the area making it   other parts of the city or further afield on a   Edinburgh rental market.
 attractive for families.  regular basis.
                                              The average gross rental yields in this article
 During the third quarter of 2020, the average   Two bedroom properties in EH17 achieved an   are based on rental data from Citylets and
 rental yields for one and two bedroom   average gross rental yield of 6.3% in the third   house price information from ESPC from July
 properties in EH14 were 5.9% and 5.1%   Sighthill Park  quarter of 2020.  to September 2020.


 26 ESPC.COM                                                              ESPC.COM  27
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